IRS Lowers Standard Mileage Rate for 2021 - SHRM
Effective Jan. 1, 2021, the optional standard mileage rate used in deducting the costs of operating an automobile for business will be 56 cents per mile, down 1.5 cents from 2020, the IRS ...
IRS Raises Standard Mileage Rate for 2022 - SHRM
2021年12月21日 · The standard mileage rate that businesses use to pay tax-free reimbursements to employees who drive their own cars for business will be 58.5 cents per mile in 2022, up 2.5 cents from 2021, the IRS ...
IRS Lowers Standard Mileage Rate for 2020 - SHRM
E ffective Jan. 1, 2020, the optional standard mileage rate used in deducting the costs of operating an automobile for business is 57.5 cents per mile, down one-half cent from 2019, the IRS ...
IRS Raises Standard Mileage Rate for Final Half of 2022 - SHRM
2022年6月9日 · Effective July 1 through Dec. 31, 2022, the standard mileage rate for the business use of employees' vehicles will be 62.5 cents per mile—the highest rate the IRS has ever published—up 4 cents ...
IRS Boosts Standard Mileage Rate for 2023 - SHRM
2023年1月3日 · The IRS has announced that the 2023 business standard mileage rate is increasing to 65.5 cents, up 3 cents from the 2022 midyear adjustment of 62.5 cents. The change took effect Jan. 1.
IRS Raises Standard Mileage Rate for 2025 - SHRM
2024年12月20日 · The IRS is raising the standard mileage rate by 3 cents per mile for 2025. The agency on Dec. 19 announced that the business standard mileage rate per mile is rising to 70 cents, up from 67 cents ...
IRS Boosts Mileage Rate for 2024 - SHRM
2023年12月14日 · The IRS is raising the standard mileage rate by 1.5 cents per mile for 2024. The agency on Dec. 14 announced that the business standard mileage rate per mile is rising to 67 cents, up from 65.5 ...
What are the business-related expense-reimbursement …
2022年6月22日 · Mileage reimbursement method: When an employer uses the mileage reimbursement method to determine the amount of reimbursement due, the employee keeps a record of the number of miles driven to ...
IRS Raises 2021 Employer Health Plan Affordability Threshold to
2020年7月24日 · The 2021 threshold is up slightly from 9.78 percent in 2020 but below the 2019 rate of 9.86 percent. ... IRS Raises Penalties for 2021. On Aug. 19, the IRS released new Questions and Answers ...
IRS Sets 2023 Health Plan Premium Affordability Threshold at 9.
2022年8月5日 · The IRS announced that for 2023 an employer's lowest self-only health plan premium can't exceed 9.12 percent of an employee's pay. ... That's virtually the same as the 2022 plan year top premium ...